BERLIN, Aug 13 (Reuters) - Germany's K+S AG said
it would consider any improved offer from Canada's Potash Corp
of Saskatchewan after its position was boosted by
stronger than expected quarterly earnings.

The company affirmed its rejection of a 7.9 billion euro
($8.8 billion) takeover proposal by Potash, but left the door
open on Thursday to an improved bid.

"K+S will deliver strong results as a stand-alone company,"
finance chief Burkhard Lohr said during an earnings call. "K+S
has a great future as an independent company."

The Canadian firm's takeover proposal of 41 euros per share
does not even remotely reflect K+S's underlying value, the CFO
said, questioning again reassurances the Canadian firm has given
on jobs and sites.

K+S's management and supervisory boards "are extremely
concerned that Potash appears to have no sustained interest in
continuing the strategically, technically and financially linked
fertiliser and salt activities in the current form," it said.
Continued...